01 Nov Shimmick Completes Initial Public Offering
In November 2023, Shimmick successfully completed its initial public offering and began trading on the NASDAQ under the ticker symbol SHIM. The IPO marks a major milestone in the company’s history.
Funds raised through the IPO support ongoing investments in people, equipment, and technology, while helping retire legacy debt. It also positions the company to pursue a broader range of public and private sector projects.
Shimmick’s IPO highlights the strength of its water and critical infrastructure portfolio and the long-term demand for the types of projects the company specializes in across the West Coast and beyond.